Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

The city has been doing extremely well and it hasn't quite gone mainstream with most investors yet.Happy to share some resources and learnings on the market there if you'd like.

Section 8 rentals are frequently located in extremely low barrier of entry markets, especially the single-family homes and small multi-family properties which I assume has also led to an influx of inventory.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

@Chris Kay finding a quality, cost-effective contractor is extremely difficult:(There are thousands of contractors that are great talkers, but rarely perform within budget.Standard bait & switch is to lowball a bid, then once they get started all sorts of things "pop up" that somehow their bid didn't cover.

It can be difficult to advise owners on what to do when each region has extremely different rules and regulations. 

@Felipe SotoI will not comment on the program but what I will say trying to raise $ today is EXTREMELY challenging.

Factor in the cost to repurchase those rate caps, and that’s the true DSCR on the current debt or look at the DSCR based on the equivalent fixed rate debt interest rate.If you’re looking for high level feedback, I would say that it is extremely likely that fund 2 is heading in the same direction as fund 1.

After today’s experience with the extra “PM” fee tacked onto the already extremely high placement fee, I felt I had to say something.

Mobile homes are cash cows and we are doing extremely well with them.